Products
& Services
Tax Credit Financing (SR&ED, FTC,
OIDMTC, etc.)
Financing refundable tax credits* gives you funds for money you have
already spent, months before the government pays you.
Post-File Tax Financing
Acorn Partners can give you funds against
the anticipated value of your refundable tax claim so you can use the
money for your business operations today.
By having those
funds available immediately, rather than in the future, you can focus
on using your money to grow your business today and not tomorrow.
Pre-Filed
SR&ED Claim Financing
Acorn is exclusive in its ability to give
companies money prior to filing their SR&ED claim. Companies
who have a history of successfully filing claims in previous years can
receive funds against their R&D expenses on a quarterly or
semi-annual basis, months before they finalize and file their claim.
We will also consider financing a
company’s first-time claim on a pre-filed basis.
To learn more
about the federal SR&ED program, click here.
Other
Tax Refunds
If you have
other refundable tax credits, contact us to see if your tax refund is
eligible for pre-payment by Acorn, rather than waiting until the
government settles with you. (Minimum refundable tax credits for
“Other” taxes may apply, e.g., GST, must be over
$25,000 for us to consider financing these claims.)
Find out how
Acorn’s Tax Financing can give you your tax refund today. Contact us
*Certain
provinces have refundable tax credit programs. To
determine if your province has a refundable tax credit program please
click here
Accounts
Receivable Financing
Accounts Receivable
Financing
gives you immediate cash against invoices you have sent your clients
without waiting for the 30, 60 or 90 days it may normally take to
receive payment from customers.
As part
of the added-value service, Acorn Partners will manage your
receivables, performing credit checks on your clients, managing
delinquency and insuring your invoices and accounts against bad debt
losses freeing up your staff to address other financial or
administrative issues.
As a
selling edge, you could extend credit terms to clients beyond what your
competitors are giving them while enjoying the profits your sales the
day you invoice your clients.
By giving
you cash the day you invoice your client, you can use those funds to
grow your business today without waiting for your client to mail
payment to you a month or two later.
Find out
how Acorn’s Receivable Financing solutions can help you focus
on
your business and not on your client’s payment habits.
“Find out
more”
Purchase Order / Contract Financing
Purchase Order and Contract financing gives
you immediate funds against Purchase Orders or Contracts received from
your clients.
Acorn Partners provides
funds based on the value of your purchase orders or contracts from your
clients.
This allows you to fulfill the conditions of
the contract or purchase order (purchase materials and equipment, pay
wages, etc.) or to use the funds to meet other monetary demands on your
business.
To find out how Acorn’s Purchase
Order / Contract financing can help you focus on your sales, contact
us.
A Revolving Line of Credit
gives you cash on demand against a pre-established line of credit.
Using one
or more of Acorn Partners’ finance products we can establish
a
line of credit giving you a continuous source of cash.
This removes the burden of
having to seek funds each time changing financial demands on your
business forces you to seek funds.
Find out how Acorn’s Revolving Line of Credit can help you
focus on your business and not chasing after new sources of money.
“Find out
more”
International Trade Finance
Acorn Partners can give your company funds
for your imports or exports when you do not have the available funds in
your bank account to fulfill the order with your supplier or customer.
A Canadian company importing raw materials
or finished goods for sale to domestic companies under a contract or
purchase order, can obtain the funds needed to pay their international
supplier or manufacturer.
A Canadian company exporting its products
can obtain funds against their export-insured sale today. Companies
must have EDC or similar export insurance in place before we will
consider financing.
To make an inquiry about how Acorn can help
you with your imports and exports, click here.
Angel Funding (another form of equity)
Acorn Partners
can structure an Angel Funding solution under specific criteria.
In order for a
company to be considered eligible for Acorn’s Angel funding
solution we must initially provide you with working capital using one
or more of our other products.
Acorn’s
Angel Funding is different and provides your company with funds through
angels expecting a return based on a royalty revenue model rather than
the traditional equity model.
In order to be
considered, your company must meet the following, minimal requirements:
1. Able to
support the established minimum internal rate of return (IRR)
2. Management
must be fully qualified in their roles
3. Well-prepared
presentation and business plan (with realistic cash flow)
If your company
meets all of the above qualifications and you are interested in seeing
how Acorn can assist you with this solution, click here.
Life
Settlements
Acorn Partners
will purchase your life insurance policy today rather than your insurer
making payment to your beneficiaries at the time of your death.
Acorn will purchase your policy giving you
funds for your personal or business needs and we will take over the
premium payments on the policy.
Only certain policies are acceptable and must meet the
following criteria:
1. Is a seasoned
policy
2. Is past the contestable period
3. Not a term
life policy (whole, variable or universal life policies are acceptable)
4. Policy is
issued by a credible insurance company (whose rating is above BBB, such
as Manual Life)
5. Name issued
on the policy must be at least 50 years of age
To find out how Acorn can give you money
today on your Life Insurance policy rather than it being left for your
beneficiaries years later, contact
us.
